Strategic planning, when effectively applied, improves an organization’s likelihood to achieve short and long-term goals. Yet many of us struggle with the appropriate follow through. According to an intelligence unit report by The Economist, 61% of respondents admitted their organizations struggle to bridge the gap between strategy formulation and day-to-day implementation.
So, what are the best next steps to implement a strategic plan?
Over the next 14 days, I will share one tip each day that is designed to help you, and your organization, follow through on a strategic plan. When applied correctly, these tips can create alignment and ultimately help your organization reach its goals.
Tip #1: Develop a communication plan to ensure the entire company is aware of the strategic plan. Host a virtual town hall, include it in the company newsletter, share it on the organization’s intranet. Awareness of the plan promotes buy-in, a sense of ownership and connection to the goals of the plan for all team members.
Looking for additional tips and proven strategies to identify and meet business objectives this year? Join me on January 21 for the New Year, New Clarity: Strategic Planning Through a Continuous Improvement Lens webinar. We’ll discuss how to identify goals and deliverables; conduct a S.W.O.T. (Strength, Weaknesses, Opportunities and Threats) Analysis; work on building contingency plans; and establish an internal communication plan to ensure alignment throughout the organization. Learn more and sign up at Lean Frontiers.